What is the trend of live streaming benefit concerts?

Opportunity to leverage live streaming platforms to support small businesses and provide entertainment during challenging times.

What is the trend of small business support?

Disruptive innovation opportunity to create programs that specifically target financial aid and resources for small businesses affected by crises.

What is the trend of partnerships with non-profit organizations?

Collaborative opportunities to work with non-profit organizations that focus on supporting small businesses and create mutually beneficial initiatives.

What are the implications for the telecommunications industry?

Opportunity for telecom companies to offer live streaming services and partnerships to support small businesses and promote their own platforms.

What are the implications for the entertainment industry?

Innovative approaches to using entertainment platforms and events to generate support for small businesses and engagement with audiences.

What are the implications for the non-profit organizations industry?

Explore technological advancements and partnerships to enhance the reach and impact of providing financial aid and resources to small businesses.

Small Business Benefit Concerts : benefit concerts

Small Business Benefit Concerts

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Verizon is Live Streaming Benefit Concerts to Help Businesses

Daniel Johnson — March 30, 2020 — Social Good

References: verizon & mobilemarketer

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Verizon indicated that it is live streaming benefit concerts in order to help support small businesses that have been affected financially by the outbreak of COVID-19. The benefit concerts are under the name, ‘Pay it Forward,’ and the first one featured Dave Mathews. The company will also be announcing other artists that will participate at a later date.

Verizon is also contributing a sum of $2.5 million USD to Local Initiatives Support Corp, which is a non-profit organization that works to help small businesses. Through this organization, small businesses will be able to receive a grant of up to $10,000.

The concerts will be Livestream on Twitter, as well as Yahoo Entertainment and on some cable services, including FiOS fiberoptic.

Image Credit: Retrieved from Verizon.

Trend Themes

Live Streaming Benefit Concerts — Opportunity to leverage live streaming platforms to support small businesses and provide entertainment during challenging times.
Small Business Support — Disruptive innovation opportunity to create programs that specifically target financial aid and resources for small businesses affected by crises.
Partnerships with Non-profit Organizations — Collaborative opportunities to work with non-profit organizations that focus on supporting small businesses and create mutually beneficial initiatives.

Industry Implications

Telecommunications — Opportunity for telecom companies to offer live streaming services and partnerships to support small businesses and promote their own platforms.
Entertainment — Innovative approaches to using entertainment platforms and events to generate support for small businesses and engagement with audiences.
Non-profit Organizations — Explore technological advancements and partnerships to enhance the reach and impact of providing financial aid and resources to small businesses.

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